Congressman Alex X. Mooney (WV-02) Applauds Passage of Financial CHOICE Act

Statement

Today, Congressman Alex X. Mooney (WV-02) voted in favor of H.R. 10, the Financial CHOICE Act. This bill repeals many onerous Obama-era regulation that harm job creators and businesses. These regulations were originally enacted as part of the Dodd-Frank Act. The Financial CHOICE Act passed the House by a vote of 233 to 186.

"As I held roundtables across West Virginia, I heard from small business owners and job creators that Obama-era regulations make it harder for community banks to make loans to small businesses. Also, these Obama-era regulations make it more difficult for West Virginia families to obtain a home mortgage.

The Financial CHOICE Act will remove power from out-of-touch Washington bureaucrats and return financial decision making to individual consumers and small community banks.

I look forward to continuing to work with President Donald Trump to get our economy moving," said Rep. Mooney.

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